Reversing Signals on Hive Price Chart
Hive price went down to 0,20 USD with market crash. Lots of altcoins are down in June. Hive price was one of undervalued crypto during 2023-2024 altcoin season. This is why Hive price at the bottom. Hive price is at lowest level since 2021.
There are reversing signals on Hive price chart. I shared a few analysis for Hive price chart and said It may be great level to pick up Hive.
Here you can see daily chart of Hive. Hive has huge candles. Hive tried to go up where dropped from. It tested 30% high from the bottom.
When we look at the 3-days chart of Hive, There are similarities between past and now. This is why I say that some of reversing signals seemed.
MACD and Fisher Indicators are close to reverse from to bottom. You can see what happened after reversing. It is possible to see at least 50% price up on Hive price chart. We may see Hive price again over 30 cents in July.
I started to cash flow into altcoin to buy from discounted price. Hive is one of crypto in my list.
We will see..
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Thanks for always sharing interesting analyses about cryptos, for me they are of great importance. See you later, have a great week.